Terra Nova Asset Management LLC Purchases 80,602 Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Terra Nova Asset Management LLC raised its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 146.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 135,614 shares of the company’s stock after buying an additional 80,602 shares during the quarter. abrdn Physical Gold Shares ETF comprises about 3.2% of Terra Nova Asset Management LLC’s portfolio, making the stock its 3rd biggest holding. Terra Nova Asset Management LLC owned about 0.08% of abrdn Physical Gold Shares ETF worth $4,044,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Blue Bell Private Wealth Management LLC increased its position in shares of abrdn Physical Gold Shares ETF by 0.6% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 60,661 shares of the company’s stock worth $1,520,000 after acquiring an additional 370 shares during the period. CIBC Private Wealth Group LLC grew its stake in abrdn Physical Gold Shares ETF by 1.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 22,479 shares of the company’s stock worth $571,000 after purchasing an additional 388 shares in the last quarter. WCG Wealth Advisors LLC increased its holdings in abrdn Physical Gold Shares ETF by 0.7% during the 4th quarter. WCG Wealth Advisors LLC now owns 89,888 shares of the company’s stock worth $2,252,000 after purchasing an additional 618 shares during the period. Global Assets Advisory LLC raised its position in abrdn Physical Gold Shares ETF by 1.4% in the 4th quarter. Global Assets Advisory LLC now owns 46,408 shares of the company’s stock valued at $1,178,000 after purchasing an additional 620 shares in the last quarter. Finally, Sovereign Financial Group Inc. raised its position in abrdn Physical Gold Shares ETF by 4.7% in the 1st quarter. Sovereign Financial Group Inc. now owns 14,136 shares of the company’s stock valued at $422,000 after purchasing an additional 630 shares in the last quarter.

abrdn Physical Gold Shares ETF Trading Up 0.3%

Shares of abrdn Physical Gold Shares ETF stock opened at $31.80 on Thursday. abrdn Physical Gold Shares ETF has a 52-week low of $21.92 and a 52-week high of $32.88. The company has a 50 day moving average of $31.72 and a 200 day moving average of $28.80.

About abrdn Physical Gold Shares ETF

The abrdn Physical Gold Shares ETF (SGOL) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund seeks to track the spot price for gold, less trust expenses holding costs, holding physical gold bars. SGOL was launched on Sep 9, 2009 and is managed by Abrdn.